Previous close | 13.14 |
Open | 13.14 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 265.00 |
Expiry date | 2024-05-31 |
Day's range | 13.14 - 13.14 |
Contract range | N/A |
Volume | |
Open interest | 2 |
(Bloomberg) -- The Exxon Mobil Corp. investor that the oil giant is suing for its climate-related shareholder proposal is promising not to file similar motions in the future in a bid to get the legal action dropped.Most Read from BloombergIsrael Airstrike and Death of Egyptian Guard Ratchet Up TensionsMusk’s xAI Raises $6 Billion in Bid to Challenge OpenAISevere Turbulence Leaves 12 Injured on Qatar Airways FlightChina Creates $47.5 Billion Chip Fund to Back Nation’s FirmsXi’s China EV Dream Cam
ExxonMobil's (XOM) recent decision to file a legal action against investors pushing for more substantial measures to reduce greenhouse gas emissions sparks a reaction from several investors.
The agreement Chevron signed last year to buy Hess for $53 billion was expected to transform the oil giant, giving it new assets in fast-growing regions of the world. Everything comes down to a Hess shareholder vote on Tuesday. “It’s trading as a coin toss,” said Roy Behren, co-chief investment officer of Westchester Capital Management, which owns 2.1 million Hess shares, worth about $315 million.